Ronald Valverde
How to analyze an owner condo conversion to rental
Hi all. I'm new to the forums and starting to dip my toes in Landlording this year.How should I analyze my live in condo owned for 9 years. I feel it should be calculated differently from a new investment? I'd like to...
Ahmad Moore
Subject 2 mortgaging
With regards to Subject 2 in Alabama, my plans are to immediately get from under the previous owner’s mortgage as I could get better rates and terms.
Subject twoing the property was the best option as owner didn’t wa...
Shane Haas
First investment property, needing asset protection
First time posting on here, thanks in advance for any help you can give.I am about two months away from closing on my first investment property. It is going to be an owner occupied 4plex which we will be purchasing us...
Aaron Washington
STR insurance what do you use?
My wife and I are in the process of closing on a vacation home in the Davenport area. We plan to rent it out, as an STR, while we are not there. This will be our first vacation and STR home. We need to determine the r...
Jaclyn Garet
Can a new contractor take over our old one's permit?
We found a contractor who submitted our plans to Philadelphia L&I for a permit. After 21 day review, the permit is ready for pick-up and initial inspection, but things have gone bad with this contractor on another...
Amby Bhagtani
Fire in the building
I have a tenant who is already late on his payments but he was smoking in the property and caused a fire. The total damage is close to 5k. The property manager informed me 3 days late and said that he doesn't have ren...
Wesley Jensen
Tenant Potentially Hiding Dog
Hey all,
I live and have a few apartments in Connecticut and I have a situation with one of my units. The lease has 4 people on it, a couple and two of their friends. I got a text from the couple a month ago saying t...
Robert Hernandez
Insurance Internal Inspection should be worried?
Hello BP Family,I recently purchased a quadplex and the insurance company is asking for an internal inspection. Quadplex was made in 1987. About the unit the roof is about 5 years old. HVAC one is 8 years old and the...
Ana Garcia
Advice on having insurance on your property
Hello BP community, After almost getting hit with a category 5 hurricane in South Florida, I wonder if it is a good idea to have more coverage or less. As investors, we try to keep our costs low, therefore, the goal w...
Kaylan Field
Insurance Policies for Multiple Properties
So, I've been trying to keep all of my properties, vehicles, etc with the same insurance company for bigger discounts, obviously. However, I've been told by more than one company that I can only have 4 landlord polic...